Autonomous Last Mile Delivery Market to Witness the Highest Growth in North America Region

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Autonomous Last
Mile Delivery Market to
Witness the Highest Growth in North America Region
The report "Autonomous Last Mile Delivery
Market by Platform (Aerial Delivery Drones,
Ground Delivery Vehicles (Delivery Bots,
Self-driving Vans Trucks)), Solution,
Application, Type, Payload Weight, Range,
Duration, and Region - Global Forecast to 2030",
is projected to reach USD 91.5 billion by 2030,
at a CAGR of 20.3 from 2021 to 2030.
The autonomous last mile delivery market is
estimated to reach USD 91.5 billion by 2030, at a
Compound Annual Growth Rate (CAGR) of 20.3
from 2021 to 2030. The growth of the market
can be attributed to the increasing
investments being made to enhance the range and
payload capacities of aerial delivery drones
and ground delivery vehicles to carry out
effective autonomous last mile delivery of
packages and technological advancements taking
place in the hardware of aerial delivery drones
and ground delivery vehicles. Browse 245 market
data Tables and 60 Figures spread through 297
Pages and in- depth TOC on "Autonomous Last Mile
Delivery Market - Global Forecast to
2030" Download PDF Brochure _at_ https//www.marketsa
ndmarkets.com/pdfdownloadNew.asp?id41240862 Key
Market Players The major players in the
autonomous last mile delivery market include
Starship Technologies (US), Savioke (US), Nuro
(US), JD.com (China), and Flirtey (US), among
others. The growing demand for the fast delivery
of packages by consumers has led to the increased
adoption of aerial delivery drones in the global
e-commerce industry. The rise in the number of
customers willing to pay for same-day delivery
has led to the growth of the aerial delivery
drones market. Companies such as Uber and Deliv
are stakeholders in the same-day delivery market.
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The 510 kilograms segment of the aerial delivery
drones market and the ground delivery vehicles
market is projected to grow at the highest CAGR
from 2019 to 2030. Based on payload weight, the
510 kilograms segment of the aerial delivery
drones market and the ground delivery vehicles
market is projected to grow at the highest CAGR
during the forecast period. Aerial delivery
drones and ground delivery vehicles with a load
carrying capacity of between 510 kilograms are
mainly used to deliver groceries and heavy
parcels ordered by online shoppers. The
increasing demand for highly efficient aerial
delivery drones and ground delivery vehicles to
carry out the cost-effective autonomous last mile
delivery of packages is contributing to the
growth of this segment of the market. The long
range (gt20 kilometers) segment of the aerial
delivery drones market and the ground delivery
vehicles market is projected to grow at a higher
CAGR than the small range (lt20 kilometers)
segment during the forecast period. Based on
range, the long range (gt20 kilometers) segment of
the aerial delivery drones market and the ground
delivery vehicles market is projected to grow at
a higher CAGR than the small range (lt20
kilometers) segment from 2019 to 2030. Increasing
demand for the autonomous last mile delivery of
packages to long-distance destinations is fueling
the growth of this segment of the market. The
long duration (gt30 minutes) of the aerial
delivery drones market and the ground delivery
vehicles market is estimated to account for a
larger share in 2021 There is a rising focus by
major drone OEMs, such as Boeing (US) and
Wingcopter (Germany), on the development of
drones that can operate for more than 30 minutes
to deliver packages at a longer distance. Demand
for medical aids in hard-to-reach areas to drive
the segment. The North American region is
expected to lead the aerial delivery drones
market in 2019. The North American region is
estimated to account for the largest share of the
aerial delivery drones market in 2019. The growth
of the market in this region can be attributed to
increased adoption of aerial delivery drones in
the food, e-commerce, and logistics
transportation industries of countries such as
the US and Canada for delivering their products
to customers. Asia Pacific region is anticipated
to record high growth during the forecast period.
The demand for last mile delivery is continuously
increasing in China. Though the use of drones
for delivery is legal in the country,
according to the Civil Aviation
Administration of China (CAAC), drones should not
fly above the height of 120 meters. Major
players, such as JD.com and Alibaba, are
investing heavily in this space.
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